China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

PD Ports Names New CEO

PD Ports Names New CEO

Stolt-Nielsen Limited Shares Q2, H1 2026 Results

Stolt-Nielsen Limited Shares Q2, H1 2026 Results

Tanker Vessel Contracting Hits Record High

Tanker Vessel Contracting Hits Record High

Concordia Damen to Build Two River Cruise Vessels for TUI River Cruise

Concordia Damen to Build Two River Cruise Vessels for TUI River Cruise

Subscribe for Maritime Logistics Professional E‑News

BETA is the flight control system of choice for Horizon Aircraft in Canada
Maersk resumes Middle East-US East Coast Shipping through Suez Canal
Officials say 11 people have been killed by a fast-moving wildfire in southern Spain